Announcement • May 02
Seasif Exploration Inc. announced that it expects to receive CAD 0.1 million in funding Seasif Exploration Inc. announced non-brokered private placement 5,000,000 Common Shares a price of CAD 0.02 per Common Share for gross proceeds of CAD 100,000 on April 30, 2026. The Private Placement is non-brokered; however, the Company may pay finders’ fees to eligible arm’s length parties. All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day from the date of issuance, in accordance with applicable securities laws. Completion of the Private Placement is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals. New Risk • Feb 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-CA$821k). Earnings have declined by 44% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.51m market cap, or US$1.11m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Announcement • Nov 11
Seasif Exploration Inc., Annual General Meeting, Dec 23, 2025 Seasif Exploration Inc., Annual General Meeting, Dec 23, 2025. Location: british columbia, vancouver Canada Recent Insider Transactions • May 27
President recently sold CA$78k worth of stock On the 23rd of May, Fabio Capponi sold around 5m shares on-market at roughly CA$0.015 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Fabio has been a net seller over the last 12 months, reducing personal holdings by CA$47k. New Risk • Apr 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$216k free cash flow). Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.82m market cap, or US$1.33m). Minor Risk Shareholders have been diluted in the past year (3.1% increase in shares outstanding). Announcement • Mar 21
Western Atlas Resources Inc., Annual General Meeting, May 06, 2024 Western Atlas Resources Inc., Annual General Meeting, May 06, 2024. New Risk • Mar 12
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Revenue is less than US$1m. Market cap is less than US$10m (CA$1.77m market cap, or US$1.31m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Announcement • Nov 17
Western Atlas Resources Inc. Announces Appointment of Cesar Augusto Torresini as New Director Western Atlas Resources Inc. announced the appointment of Cesar Augusto Torresini as a new Director of the Company. Mr. Torresini has over 30 years of professional experience in the natural resources industry having worked on all aspects of project development, from exploration through construction and operations in Latin America with a predominant focus in Brazil, Colombia and Chile. Mr. Torresini was awarded "Mining Person of the Year, Precious Metals" by Brazil Mineral Magazine in 2018 and again in 2019. He currently serves as VP Public Affairs and Permitting for Equinox Gold Brazil. Most recently, he was VP Operations of Aurizona Gold Mine, Brazil (Equinox Gold). He also served as Director of Operations for AUX Colombia (now owned by Mubadala Development Co.), fmr. GM Operation at Tucano Gold Mine (fmr. Amapari Gold Mine), fmr. GM Operations at Amapari Gold Mine (New Gold Inc./Goldcorp's fmr. Amapari Gold Project), fmr. Project Manager for AMX de Chile S.A., fmr. Country Manager Newmont Brazil, fmr. Project Manager Gurupi, a Newmont Mining/TVX Gold's JV. Board Change • Nov 10
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jose Arata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 09
Western Atlas Resources Inc. announced that it expects to receive CAD 4 million in funding Western Atlas Resources Inc. announced a private placement to issue 66,666,667 common shares at an issue price of CAD 0.06 per unit for the gross proceeds of CAD 4,000,000.02 on November 8, 2023. The Private Placement is subject to certain conditions, including the approval of the listing and trading of the common shares on the TSX Venture Exchange. Under TSXV policies, should any of the Parties, as a result of the Private Placement, become a "control person" of the Company, by holding 20% or more of the Company's issued and outstanding shares after closing, the approval of the Company's shareholders will be required. Should this event materialize, The company will seek such approval from its shareholders at a special meeting of its shareholders following closing of the Private Placement. For the avoidance of doubt, the closing of the Private Placement shall not be conditional upon the receipt of such shareholder approval unless required by the TSXV. No Finders' fees or brokers' commissions are currently payable on the Private Placement. The Company intends to close the Private Placement concurrently with the completion of the Consolidation. There will be an update with respect to the closing date. Board Change • Oct 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jose Arata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jose Arata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jose Arata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jose Arata was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Lombardo Paredes-Arenas was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Jan 19
Western Atlas Resources Inc. Announces Resignation of Serafino Iacono as Board of Director Western Atlas Resources Inc. announced that Serafino Iacono has resigned from the company board of directors for personal reasons. Announcement • Nov 08
Western Atlas Resources Inc., Annual General Meeting, Jan 06, 2023 Western Atlas Resources Inc., Annual General Meeting, Jan 06, 2023. Announcement • Sep 24
Western Atlas Resources announces approval of its Meadowbank Project exploration permits amendment - Increased exploration footprint Western Atlas Resources Inc. announced that it has received final approval of its Meadowbank Project exploration permits amendment. The amended permits allow for the expansion of the Company's exploration footprint and include the possibility to drill up to 20,000 meters of diamond drilling per year, and to increase a future camp capacity to a 40 person camp, if required. The Meadowbank Project, 100% owned by Western Atlas, is located in the prime mining jurisdiction of Nunavut, Canada, adjacent to Agnico Eagle's Meadowbank mining facilities and Amaruq gold producing mine. Board Change • Jul 31
High number of new directors Independent Director Lombardo Paredes-Arenas was the last director to join the board, commencing their role in 2020. Announcement • Jun 17
Western Atlas Resources Inc. Starts Meadowbank Project Exploration Program - Identifies New Target Within Block B Western Atlas Resources Inc. provided an update on the Company's 2021 exploration program at its Meadowbank Project located in Nunavut, Canada. The upcoming exploration program is the continuation of the winter logging and sampling conducted between January and April 2021 and will comprise of additional structural and geological mapping (scale ranging from 1:5,000 to 1:2,000 over selected targets) and sampling within Meadowbank Blocks A and B. Additional review and integrated interpretation of the exploration data conducted during the first quarter of 2021 identified an additional target within Block B, namely Target B4, for follow up with additional mapping, tighter sampling and potential drilling. Mapping in the central portion of Block B will focus on volcanic rocks in order to determine the potential stratigraphic relationship with the intermediate volcanics of the Meadowbank deposit area. Structural data obtained during the exploration program will be also used to estimate the thickness of the Amarulik formation sediments which cover volcanics in the larger part of the Block B and that is potentially overlying the intermediate volcanic host rocks of the Meadowbank deposit in this area. The Western Atlas' Meadowbank Project covers over 58,000 hectares (580 square km) and lies adjacent to, and along trend of Agnico Eagle's Meadowbank and Amaruq producing gold mines. The Western Atlas team has received clearance from the Chief Public Health Officer of Nunavut ("CPHO") and is currently completing a 14 days isolation following which it will be allowed to enter Baker Lake, Nunavut and start the summer exploration program. The exploration program is expected to last until mid to end of October 2021. Systematic exploration conducted so far has defined numerous drill targets and has outlined precious and base metals mineralization. Several of these targets have yielded gold values from surface sampling of up to 13.30 g/t Au and up to 44.7 g/t Ag. The 2020 drill program intersected 4.30 m grading 1 g/t Gold and also broad near surface polymetallic mineralization of up to 113.50 m averaging 0.12% Nickel, 0.009% Cobalt, 0.12% Chromium from a depth of 62 m. Announcement • May 06
Western Atlas Resources Inc. to Release Additional Results from Winter Logging and Sampling Program at its Meadowbank Gold Project Located in Nunavut, Canada Western Atlas Resources Inc. ('Western Atlas' or the 'Company') to release additional results from the previously announced winter logging and sampling program conducted at its Meadowbank Gold Project located in Nunavut, Canada. Additional sampling results provide for new potential for Nickel and Polymetallic mineralization on the property in addition to geological settings like banded iron formation (BIF) and shear zones favourable for the development of orogenic gold deposits in the area. Holes WA20-004 and WA20-005 are part of the 2020 diamond drill program, the first ever completed on the Company's Meadowbank properties which consisted of 13 drill holes for a total of 3,545 meters drilled in Target B1, Block B, south of and contiguous to Agnico Eagle's Meadowbank mine property and Greyhound project. Target B1 is only one of numerous targets for follow up with drilling so far identified within Blocks A, B and C. Zone 2 is underlain by a volcanic-sedimentary assemblage composed of komatiitic flows, massive ultramafic volcaniclastics and intercalated fine-grained clastic sediments (argillites and siltstones), bounded by a BIF sequence over 100 m in thickness to the north. Sediments within this assemblage, particularly argillite layers, host a significant pyrite±pyrrhotite mineralization. Ultramafic members of the assemblage are usually intensely serpentinized or talk-serpentine altered. Nickel and base metals mineralization are found mainly in serpentinized ultramafic flows as very fine-grained disseminated sulphides (pyrite, pyrrhotite and pentlandite) and oxides (magnetite, chromite and ilmenite). In rare cases (i.e. in WA20-005 at 17.80-18.80 with 0.9% Ni) sulphides form clots up to 10mm across interpreted as relict sulphide droplets. Zone 5 Located within the E-NE trending ultramafic corridor defined by the E-NE trending shear zone and BIF lenses mapped in Zone 1 to the east and Zone 4 to the west. The corridor is over 4.5km long. Hole WA20-011 intersected 170m long ultramafic assemblage composed of alternating ultramafic pyroclastics and massive intrusive ultramafic intervals. Ultramafic assemblage is bounded by mafic volcanics to the south and intermediary volcanics to the north. Intercalated within the ultramafic assemblage is a 8.50m long interval of interlaminated chert and argillite. Locally developed foliation and contacts are apparently sub-vertical. With vertical contacts, the true thickness of the ultramafic assemblage is approximately 110m. Geological setting with mafic volcanics to the south and intermediary volcanics to the north is similar to Zone 1 setting. Ultramafic pyroclastics and chert interlaminated with black argillite encountered in Hole WA20-011 are markedly similar to the equivalent lithologies in Zone 2. Base metals mineralization occurs as very fine-grained disseminated sulphides (pyrite and pentlandite) and oxides (magnetite, chromite and ilmenite). Announcement • Jan 26
Western Atlas Resources Inc. Starts Additional Logging and Sampling - Logistics for 2021 Drill Program At Its Meadowbank Gold Project Underway Western Atlas Resources Inc. announced that after receiving clearance from the Chief Public Health Officer of Nunavut ("CPHO") and after having completed the initial logging and selective sampling program, the Company will perform additional detailled logging and full sampling (the "Program") of the coreholes from the drill program conducted this past summer on Block B, Target B1 at its 100% owned Meadowbank Gold Project (Nunavut, Canada). After completing the current 14 days quarantine the team will be based in Baker Lake, Nunavut. Target B1 is one of numerous targets for follow up and drilling so far identified within Blocks A and B. Drilling of Block A, North of Block B, located between Agnico Eagle's Meadowbank and Amaruq mines, is being planned for next drill program. The 2020 drill program targeted banded iron formation (BIF) and shear zones, confirmed geological settings and conditions favorable for the development of orogenic gold deposits in the area and highlighted anomalous values for nickel and chromium. The 2020 drill program was the first drill program ever on these properties and consisted of 13 drill holes for a total of 3,545 meters drilled in Target B1, Block B, south of Agnico Eagle's Meadowbank mine and contiguous to Agnico Eagle's Greyhound project. Announcement • Dec 01
Western Atlas Resources Announces Positive Results of 2020 Drill Program At Its Meadowbank Gold Project Western Atlas Resources Inc. announces results from the diamond drill program conducted at its Meadowbank Project located in Nunavut, Canada. The 13 hole drill program targeted banded iron formation (BIF) and shear zones within Target B1, Block B. Target B1 is one of the six targets for follow up and drilling identified within Blocks A and B. The 2020 drill program is the first of several drill programs the Company intends to undertake in order to test these targets. The program intersected elevated gold assays in quartz-carbonate vein breccias within the shear zone in Zone 1. Two vein breccia intervals were intersected in hole WA20-001. Gold mineralization extends into the network of quartz-carbonate veins and veinlets also enriched in silver and zinc in hole WA20-003. Associated with the anomalous gold assays are occurrences of coarse arsenopyrite and pyrite in veins/veinlets and intense ankerite-grunerite alteration haloes along the veins. In Zone 2 anomalous gold and silver were intersected in a quartz-carbonate vein within BIF trending to northeast and parallel to the main BIF zone approximately 180m to the south. Anomalous chromium and nickel assays were encountered in serpentinized fine-grained and komatiitic ultramafics.Gold values similar to those encountered in Zone 1 were encountered in Zone 3. Mineralization occurs in quartz veins and veinlets in three BIF layers intersected there. Associated with anomalous gold assays is 1-5% pyrite and strong ankerite alteration. The definition of these drill targets is the result of the initial interpretation of the 2017 to 2019 exploration program data sets, which include detailed field mapping and sampling program (yielded gold including 13.30 g/t Au and up to 44.7 g/t Ag), over 3,800 km of airborne magnetic survey, over 1,500 line-km of helicopter-borne VTEM followed by electromagnetic (EM) anomaly and airborne inductive induced polarization (AIIP) processing report, over 32 line-km of ground induced polarization (IP) survey over specific targets. Drillholes were designed to test both geophysical targets and favorable geological features (BIF and shear zones) in five separate areas referred to as Zones 1 to 5 in Target B1. Holes drilled in Zone 1 and Zone 3 also tested locations of grab samples with anomalous gold values collected during the 2018 mapping and prospecting program. Regional and local geological settings, structures, metamorphic grade, mineralization and alteration patterns encountered during the 2020 exploration program indicate conditions favourable for the development of orogenic gold deposits in the area and highlights anomalous values for nickel, zinc and chromium. Announcement • Nov 07
Western Atlas Resources Inc., Annual General Meeting, Jan 08, 2021 Western Atlas Resources Inc., Annual General Meeting, Jan 08, 2021. Announcement • Jul 21
Western Atlas Resources Inc. announced that it has received CAD 3.9 million in funding from Gran Colombia Gold Corp. On July 17, 2020, Western Atlas Resources Inc. (TSXV:WA) closed the transaction. The company issued 35,900,000 units at an issue price of CAD 3,590,000. The shares and warrants comprising the FT Units and NFT Units and any shares issued upon the exercise of the warrants are subject to a four month resale hold period under applicable Canadian securities laws which expires on November 18, 2020. Red Cloud Securities Inc. acted as a finder in connection with the Private Placement. Gran Colombia Gold Corp. (TSX:GCM) purchased 14,000,000 NFT units of the company for proceeds of CAD 1,400,000 and now holds 29,910,588 common shares and 21,955,294 share purchase warrants of the company. Gran Colombia Gold Corp. (TSX:GCM) previously held 15,910,588 common shares of the company. The common shares held by Gran Colombia Gold Corp. (TSX:GCM) on closing will represent approximately 25.8% of the outstanding common shares of the company. Assuming the exercise of the share purchase warrants it holds, Gran Colombia Gold Corp. (TSX:GCM) would hold 51,865,882 common shares representing approximately 30.9% of the outstanding common shares of the company after giving effect to the exercise of it's warrants but assuming no exercise of any other outstanding warrants or options of the company. The investor advises that it acquired the NFT units for investment purposes and has no present intention to acquire further securities of the company, although it may in the future acquire or dispose of securities of the company through the market, privately or otherwise, as circumstances or market conditions warrant. Announcement • Jul 09
Western Atlas Resources Inc. announced that it expects to receive CAD 2 million in funding from Gran Colombia Gold Corp. Western Atlas Resources Inc. (TSXV:WA) announced a private placement of flow-through units at a price of CAD 0.10 per unit and non-flow-through units at a price of CAD 0.10 per unit for gross proceeds of CAD 2,000,000 on July 8, 2020. The transaction will included participation from returning investor Gran Colombia Gold Corp. (TSX:GCM) of non-flow-through units for CAD 1,400,000. Each flow-through unit will comprise of one flow-through common share and one-half non-flow-through common share purchase warrant. Each non flow-through unit will comprise of one non-flow-through common share and one non flow-through common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at CAD 0.15 per share for a period of two years, subject to accelerated expiry should the common shares trade on the TSX Venture Exchange at a price equal or greater than CAD 0.18 per share for a period of 20 consecutive trading days during the exercise period, the company may accelerate the expiry date of the warrants to 30 calendar days from the date express written notice is given by the Company. The company may pay finder's fees or brokers' commissions in the transaction. 
